Swiss Foreign Minister Ignazio Cassis has announced a CHF7 million ($7 million) increment in funding to the Global Fund to Fight AIDS, Tuberculosis, and Malaria at an international donor conference. The Global Fund is one of the most crucial financing mechanisms in the field of global health and one of the actors that make Geneva an important center of expertise in global health, the foreign ministry statement added.
The contribution to the Geneva-based fund, which the government approved in August, will be 64 million for the period 2020-22. It is probably Switzerland’s largest contribution to the Global Fund to date, according to a foreign ministry. Heads of states from all around the globe, CEOs and global health leaders have been trying to gather funds in France to try to raise at least $14 billion to fund the fight against AIDS, tuberculosis, and malaria over the next three years. French President Emmanuel Macron, who was hosting the conference in the city of Lyon, wished the event to raise more than the $12.2 billion at the previous conference in 2016. According to Mr. Macron, France had raised its pledge by 15% to €1.24 billion, while the US Congress has approved a commitment to give $4.68 billion over three years. These countries are the biggest donors.
According to the foreign ministry, although progress has been made in tackling these diseases since the ending decade of the 20th century, a child dies of malaria every two minutes and tuberculosis has become the worst infectious disease worldwide. New HIV infections have also been increasing in over 50 countries.